NBA Commissioner Adam Silver ‘is Finalizing Contract Extension’

Adam Silver is reportedly on the verge of signing a contract extension with the NBA that will see him through his 10th anniversary as commissioner as he continues to hammer out the league’s next media rights deal. That move had been in the works for years; Stern officially announced his retirement more than a year earlier and the Board of Governors unanimously approved the plan to have Silver, the longtime deputy commissioner, take over. Fans were predictably divided over the news. Silver is finalizing an extension to remain as commissioner of the NBA for several more years, a person with knowledge of the agreement said Saturday night. Silver became commissioner on February 1, 2014, officially succeeding former Commissioner David Stern – his mentor. Another disagreed: ‘He’s earned this. The person spoke to The Associated Press on condition of anonymity because no announcement from the league had been made. ESPN, which first reported the agreement, said Silver’s new deal will stretch ‘through the end of the decade.’ It’s the second time the league’s owners have approved an extension for Silver, who also got one in June 2018 that had him under contract through the end of this season’s NBA Finals.

"sterling silver music charms"The NBA is incredibly exciting and feels the best it has in years. He’s been a great leader who built on David’s legacy and really turned us in to a major multinational organization,’ said Mark Cuban, who until recently had been the primary owner of the Dallas Mavericks. The league is currently negotiating its next media deal, one that is generally expected to be worth more than the existing agreement. The 61-year-old Silver is a Duke graduate and, like Stern, left the legal field to join the NBA. At least one NBA team minority owner is on board with the move. He is the fifth commissioner of the league, predated by Stern, Larry O’Brien, J. Walter Kennedy and Maurice Podoloff. Silver also led the league in its talks on what became a nine-year, $24 billion media rights deal with ESPN and Turner Sports – sending revenue skyrocketing and, in turn, serving as the catalyst to have player salaries soar as well. He guided the league through the COVID-shortened season of 2019-20, the one where the league brought 22 teams into a bubble at Walt Disney World near Orlando, Florida, to finish the regular season and hold the entirety of the playoffs. And the league has seen enormous success under Silver, who has overseen the ratification of two Collective Bargaining Agreements between the league and its players since he became commissioner – he also was the lead negotiator, then as deputy commissioner, when the NBA and its players struck a deal in 2011. The most recent CBA went into effect this season, ensuring labor peace in the NBA for several more years at minimum. Silver also successfully navigated a very difficult opening few weeks in office; less than three months into his tenure he banned then-Los Angeles Clippers owner Donald Sterling from the league for life over racist comments.

Otiumberg positions itself as a demi-fine jewellery brand.

If you’re as magpie-like about jewellery as I am, you’ll always be on the lookout for new brands and original pieces to add to your collection. The brand’s founders, sisters Christie and Rosanna Wollenberg, believe you shouldn’t just save beautiful jewellery for best, so the sculptural rings and earrings are as practical as they are elegant. Otiumberg positions itself as a demi-fine jewellery brand. Their goal is to make pieces that ‘will be your go-to for years to come’. Her signature T-bar necklaces have been worn by the likes of Taylor Swift. This British brand was launched in the autumn of 2024 by Tofi Caroline Adedoyin, a former investment banking director. All Grove & Vae jewellery is designed in London, and created using 14k gold vermeil and rhodium-plated sterling silver. There are so many amazing affordable and mid-range jewellery brands out there today, with a plethora of choice no matter what your style. But along with the prominent brands we all know and love, there are a load of under-the-radar gems (no pun intended) out there just waiting to be discovered. Tilly Sveaas founded her eponymous brand in 2016. Born in Hong Kong to British-Norwegian parents, London-based Tilly has been a jewellery designer for over 25 years, creating her first pieces during an extended trip to Bali, where she still produces to this day. If you love keeping things unique and prefer to shop independent, these jewellery brands are worth checking out and keeping in mind for your next purchase.

It specialises in bright, colourful jewellery.

The brand focuses on creating timeless, versatile pieces tailored to the modern woman’s everyday wardrobe. The brand uses solid metals – not plated or vermeil, and promises no green fingers or brass rash. It always came with lengthy care instructions and still tarnished after only a few wears or turned my skin green’ she says. After working in the jewellery industry for 10 years, Amelia Bainbridge saw a gap in the market for jewellery that was both beautiful and affordable – and Auree was born in 2014. All Auree pieces are made with the highest quality solid gold, sterling silver or gold vermeil and natural gemstones. I was tired of sacrificing style for quality, or my bank account for both’ says Neima Row founder Naomi Genes. The pieces are gorgeous too – from delicate pendants to eye-catching hoops, available in either 18ct gold vermeil or sterling silver. Prior to starting Bijoux De Mimi, Amelia attended Central Saint Martins. So she decided to make her own. Think timeless glamour meets modern minimalism, without the unattainable price tag. Founded by Amelia Hitchcock-Merritt in the middle of lockdown at just eighteen, Bijoux De Mimi became one of the fastest growing jewellery brands in the UK. With Love Darling believes in changing the world one piece of jewellery at a time. Made by small workshops all over the world, each piece holds a story. It specialises in bright, colourful jewellery. Crystals & Co. founders (and best friends) Emily Mackeogh and Leah O’Reilly aim to accessorise peoples lives with fun, high quality affordable jewellery. Items are produced in developing countries, giving the artisans income to lift themselves and their families out of poverty. Catherine ‘Catch’ Rhys Jones started her label out of a frustration with the jewellery she was buying.